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Cytokinetics Inc has a consensus price target of $80.17 based on the ratings of 19 analysts. The high is $120 issued by HC Wainwright & Co. on December 20, 2024. The low is $53 issued by Goldman Sachs on May 5, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co., RBC Capital, and HC Wainwright & Co. on December 20, 2024, December 18, 2024, and December 3, 2024, respectively. With an average price target of $107.33 between HC Wainwright & Co., RBC Capital, and HC Wainwright & Co., there's an implied 119.63% upside for Cytokinetics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cytokinetics (NASDAQ:CYTK) was reported by HC Wainwright & Co. on December 20, 2024. The analyst firm set a price target for $120.00 expecting CYTK to rise to within 12 months (a possible 145.55% upside). 62 analyst firms have reported ratings in the last year.
The latest analyst rating for Cytokinetics (NASDAQ:CYTK) was provided by HC Wainwright & Co., and Cytokinetics reiterated their buy rating.
There is no last upgrade for Cytokinetics
The last downgrade for Cytokinetics Inc happened on August 13, 2024 when Goldman Sachs changed their price target from $85 to $60 for Cytokinetics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cytokinetics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cytokinetics was filed on December 20, 2024 so you should expect the next rating to be made available sometime around December 20, 2025.
While ratings are subjective and will change, the latest Cytokinetics (CYTK) rating was a reiterated with a price target of $120.00 to $120.00. The current price Cytokinetics (CYTK) is trading at is $48.87, which is out of the analyst’s predicted range.
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